Ondo Finance continues its rally, reaching a record high. The surge was driven by World Liberty Finance's investments.
Ondo Finance: Growth and Success
Ondo Finance, a major player in the tokenization industry, reached $2.15, increasing over 327% since its August low. This was largely driven by World Liberty Finance, which purchased over $250,000 worth of tokens. The demand for tokenizing real-world assets also fuels growth, positioning Ondo as significant in future expansion.
World Liberty Finance Portfolio
World Liberty Finance, associated with Donald Trump, has been acquiring not just Ondo but a range of cryptocurrencies. Their portfolio includes Bitcoin derivatives, Chainlink, Ethereum, and other assets, with a total value now exceeding $83.7 million.
Ondo Finance Price Analysis
Technical analysis shows a strong uptrend for Ondo Finance. Recent breakout above $1.4840 completed a cup-and-handle pattern. Indicators such as RSI and MACD suggest continued growth up to $2.5. However, a drop below support at $1.48 could alter the bullish outlook.
Ondo Finance remains strong due to strategic purchases by World Liberty Finance and increased demand for real-world asset tokenization. Tokenization is expected to reach $50 billion by 2025.
